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Suppose that the two-year interest rates in Australia and the United States are 5% and 7%, respectively. The spot exchange rate is 0.62 USD (US

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Suppose that the two-year interest rates in Australia and the United States are 5% and 7%, respectively. The spot exchange rate is 0.62 USD (US dollars) per AUD (Australian dollars). What is the theoretical two-year forward rate?|

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